Wells Fargo National Bank West

4455 Spring Mountain Road
Las Vegas, NV 89102

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27389
Date Established 1988
Assets $15.26 billion
Loans $13.89 billion
Deposits $5.80 billion
Capital $1.34 billion

Wells Fargo National Bank West is an FDIC insured institution located in Las Vegas, NV. It was founded in 1988 and has approximately $15.26 billion in assets.

For a more detailed analysis of Wells Fargo National Bank West's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no rates available for Wells Fargo National Bank West, but see these great savings and CD rates:

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Loan Rates - August 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Wells Fargo National Bank West

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

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Branches

Wells Fargo National Bank West branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Wells Fargo National Bank West Locations


Financial Details

Wells Fargo National Bank West Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wells Fargo National Bank West. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Wells Fargo National Bank West U.S. Bank Average
0.21% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, Wells Fargo National Bank West had $2,876,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,344,492,000 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of 0.21%.

Return on Equity
Wells Fargo National Bank West U.S. Bank Average
26.53% 9.47%

Wells Fargo National Bank West has a Return on Equity of 26.53% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Wells Fargo National Bank West U.S. Bank Average
8.81% 12.49%

Wells Fargo National Bank West has a Capitalization of 8.81% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Wells Fargo National Bank West Balance Sheet Analysis

As of March 31, 2019, Wells Fargo National Bank West had assets of $15,262,346,000, loans of $13,888,389,000, and deposits of $5,801,350,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $1.08 billion
Net loans and leases $13.89 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.29 billion
     Total Assets $13.92 billion
LIABILITIES
Total deposits $5.80 billion
      Interest-bearing deposits $5.80 billion
      Deposits held in domestic offices $5.80 billion
      % insured (estimated) 96.49%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $8.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.12 billion
      Total Liabilities $13.92 billion
      Shareholders’ Equity $1.34 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.13 billion
Total Interest Expense $0.05 billion
Net interest income $0.08 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.05 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.11 billion

Bank Loan Profile?

The top three loan types in Wells Fargo National Bank West’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Nevada, Wells Fargo National Bank West has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 100.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

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